USA: Nash Finch reports record net profit and EBITDA in 2001
Minneapolis-based food retailer and distributor Nash Finch Company yesterday [Wednesday] reported increased earnings of US$6.7m, or 55 cents per diluted share in the Q4 ended 29 December 2001, compared to US$5.2m, or 45 cents per diluted share, year on year. Total revenues for the 2001 Q4 increased to US$978.1m, versus year-ago revenues of US$968.1m. EBITDA grew to US$30m in the 2001 Q4 compared to US$29.2m in the prior-year, representing 3.1% and 3% of sales, respectively.
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